Jobs

Company Logo

Sr. Analyst Pricing

Full-Time Telangana, India
Health & Biotech
Health & Biotech
21 August 2024
Description
  • Manage pricing conditions and related data in the corporate systems, primarily in SAP
    • Track pricing initiatives and their impacts on business outcomes
    • Timely update pricing conditions in response to management strategic decisions, including annual price increases and new products
    • Analyze customer behavior based on historical transactions and develop insights into West’s best options
    • Improve relevant price and product data quality by supervising and providing the auditing guidance for the price data and administration team
    • Provide pricing data and insights to support the commercial team’s pricing decisions
    • Analyze customer transaction data to extract improvement opportunities and present them to the broader team
  • Support the Commercial team’s price execution
    • Provide front line pricing support for the sales team and customer success
    • Participate in customer communication as necessary with salespeople
    • Support development of convincing value proposition in collaboration with the marketing and product management teams
    • Provide sales team with the offering’s value proposition to justify the price
    • Advocate current pricing strategy and direct the sales team to the right strategy owner as necessary
    • Develop and provide pricing training for the sales team, e.g., CPQ (Configure – Price – Quote) training
  • Support pricing audit
    • Enforce price approval policy per the audit requirements
    • Produce pricing reports, data logs, and approval evidence to support quarterly audit
  • Others
    • Represent pricing function in internal meetings as required
    • Perform other duties as assigned based on business needs
    • Conform with and abides by all regulations, policies, work procedures, instruction, and all safety rules
    • Exhibit regular, reliable, punctual, and predictable attendance
Qualifications
  • Bachelor's degree in Business, Science, Information technology or a related field
  • Minimum 5 years experience in Sales, Marketing, Finance, or related functions and experience in ERP systems, especially SAP

Preferred Knowledge, Skills And Abilities

  • Analytical skills :
    • Ability to attend details with accuracy.
    • Comfortable and creative in translating qualitative information into quantitative data.
    • Skill / experience in translating complex information into digestible insights.
  • Computer skills :
    • Adept at Excel with advanced functions.
    • Proficient in MS Office suite.
  • Business Acumen :
    • Understanding of how a company makes money – costs, margin, profits, overhead, depreciation, etc.
    • Understanding of industry structures, business models, competitive dynamics.
  • Communication skills :
    • Investigative approach to collect data when required data is not readily available.
    • Communication with stakeholders in convincing manner.
    • Comfortable with disagreements and ability to use them as a source of insights.
  • Intellectual curiosity :
    • Desire to learn new ideas, different opinions, and innovative approaches from external and internal sources.
    • Desire to dig deeper to get the root causes of observations.
  • Understanding of industry structures, business models, competitive dynamics
  • Certified Pricing Professional (CPP)
  • Able to be aware of all relevant SOPs as per Company policy as they are related to the position covered by this Job Description.
  • Able to maintain the highest standards of discretion and confidentiality.
  • Able to comply with the company’s safety policy always
  • Able to comply with the company’s quality policy always

Apply

Featured Companies